Ad-hoc | 20 July 2006 11:01
REALTECH AG: Provisional half-year and quarterly figures for 2006
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
——————————————————————————
-Revenue EUR 26.0 million – up 8%
-Software business grows 8%
-Consulting revenue up 8%
-Income from operations greatly improved
-Cash flow decreased
Walldorf, July 20, 2006. REALTECH AG’s revenue increased in the 1st half of
2006 by 8% to EUR 26.0 million (1st half of 2005: EUR 24.1 million). This
included an 8% increase in software revenue to EUR 5.3 million (EUR 4.9
million) and also an 8% increase in consulting revenue to EUR 20.7 million
(EUR 19.3 million).
EBITDA (earnings before interest, tax, depreciation, and amortization)
increased to EUR 1.7 million (EUR 0.6 million) while EBIT (earnings before
interest and tax) rose to EUR 1.1 million (minus EUR 0.2 million).
Net income amounted to EUR 0.6 million (minus EUR 0.1 million), while
earnings per share were EUR 0.11 (minus EUR 0.01). The company achieved a
cash flow of EUR 1.1 million (EUR 1.7 million). At the end of June 2006,
net cash and cash equivalents stood at EUR 26.7 million, compared to EUR
26.0 million at the end of 2005 and EUR 23.2 million at the end of last
June.
2nd quarter of 2006:
Revenue increased 3% to EUR 12.9 million (2nd quarter of 2005: EUR 12.5
million). Software revenue increased by 8% to EUR 2.7 million (EUR 2.5
million). At EUR 10.2 million, consulting revenue was 2% up on the previous
year’s figure (EUR 10.0 million).
EBITDA and EBIT were both improved, to EUR 0.9 million (EUR 0.8 million)
and EUR 0.7 million (EUR 0.4 million) respectively. Net income increased to
EUR 0.5 million (EUR 0.4 million), corresponding to earnings per share of
EUR 0.10 (EUR 0.07).
The report on the 2nd quarter of 2006 will be published on August 3, 2006.
Contact person:
Volker Hensel
Investor Relations
REALTECH AG, 69190 Walldorf
Tel.: +49 6227 837 500
Fax: +49 6227 837 9134
(c)DGAP 20.07.2006
—————————————————————————
Language: English
Issuer: REALTECH AG
Industriestraße 39c
69190 Walldorf Deutschland
Phone: +49 (0)6227 837-500
Fax: +49 (0)6227 837 9134
E-mail: investors@realtech.com
WWW: www.realtech.com
ISIN: DE0007008906
WKN: 700890
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
—————————————————————————